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eBook Print Item Hildreth Company uses a job order cost system. The following data sumesarize the operations related to production for April, the first
eBook Print Item Hildreth Company uses a job order cost system. The following data sumesarize the operations related to production for April, the first month of operations a. Materials purchased on account, $2,040. b. Materials requisitioned and factory labor used: Job No. Materials Factory Labor 101 $2,200 $2,250 102 2,680 3,040 103 1,780 1,490 104 6,030 5,580 105 3,830 4,250 106 2,790 2,700 For general factory use 750 3,330 c. Factory overhead costs incurred on account, $4,200. d. Depreciation of machinery and equipment, $1,600. e. The factory overhead rate is $35 per machine hour. Machine hours used: Job No. Machine Hours 101 38 102 30 103 43 104 68 105 33 106) 31 Total 243 f. Jobs completed: 101, 102, 103, and 105. g. Jobs were shipped and customers were billed as follows: Job 101, $6,940; Job 102. $8,120; Job 105, $13,850. Required: 1. Joumalize the entries to record the summarized operations. If an amount box does not require an entry, leave it blank Entries Check My Work Descriptions Debit Credit
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